I have decided to hold on to the shares I have and to add when I can if the price stays low. Hope it all goes well for your investment but I don't think you will have many regrets.
10 Jun '13
Thanks for the post, courtier. I have had CAU on my watch list for a while and I decided to buy a very modest amount of shares today. I will tuck them away for the dividend and potential growth as the company re-focuses their energies :)
5 Jun '13
Holding steady against a poor market since the disastrous drop last week. 6.5% dividend at this price makes for a good buying opportunity.
18 May '13
From Centaur's last RNS: "Looking ahead, our investment in existing and new products has given us a strong pipeline of new digital platforms and event launches. With print revenues expected to stabilise, digital and events revenues growing well, and deferred revenues of £19m, 32% ahead of the same period last year, we believe that the outlook for the 2014 financial year remains positive." I remain hopeful of steady recovery over the next year.
17 May '13
Results cause disastrous drop..
The market does not like the interim results published Feb 2013 and has punished Centaur with a hefty 27% price fall. There are some good points: Revenue remained good, nominally up 14%. Margins were up 4 percent Interim Dividend up 10%. Digital is now 35% against a target of 50%. EBITDA margin up 4% to 10% Healthy new product pipe line. There are some not so good points: Loss increased to £4.4 million from £1.3 million, including £4million exceptional expenses. Net debt up from £5.4 million to £24.5 million. I have not been following Centaur long enough to comment much but they have been growing strongly through acquisitions which may well account for much of the above. I think that at this new level Centaur is a very good buy indeed. Pity I bought last year...
16 May '13
Latest Broker Rating
Numis Securities rate CAU as a BUY with 110% upside potential http://www.igmarkets.co.uk/cfd/uk-ratings.html DYOR and GLA
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